Bitcoin

Ethereum

Stacks

Solana

Bonk

<p>On October 4, 2024, the cryptocurrency market fluctuated across various digital assets. The total market cap is now $2.13 trillion, with a 24-hour trading volume of $80.44 billion. Bitcoin (<a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">$BTC</a>) still leads 56.9%, pricing at $61,300. Ethereum ($ETH) follows at the price of $2,380, retaining a market dominance of 13.5%.</p><h2 id="header-0">Crypto Price Movement and Liquidations</h2><p>The price action of key cryptocurrencies indicates a mixed performance. $STX leads with a price bounce of 0.45%. However, TIA and AAVE saw dips of 1.29% and 0.07%, respectively. The trend also shows that $BONK experienced a significant downturn of 4.66%.</p><p>The market has witnessed notable liquidations in the last 24 hours. Bitcoin leads the list with liquidations totalling $43.99 million, followed by SOL at $9.01 million. Other notable mentions include Ethereum at $8.74 million and $PEPE at $6.41 million. These figures underscore the ongoing volatility and the challenges traders face in the current environment.</p><h2 id="header-1">Market Sentiment</h2><p>The current fear and greed index stands at 39, indicating a fear sentiment prevailing among traders. This sentiment likely influences the recent price movements as traders cautiously approach the market. Consequently, the environment remains challenging for both seasoned and novice investors.</p><p>As per the data shared by <a href="https://x.com/pnxgrp" rel="noopener noreferrer nofollow">Phoenix</a>, a crypto analytical firm, the trading positions reflect the cautious outlook 44.66% of traders hold long positions and 55.34% hold shorts. This balance creates a divided market sentiment, with some traders predicting a recovery while others preparing for further falls.</p><p>The cryptocurrency market is a further tightrope between opportunity and risk. In that respect, traders are vigilant in a volatile setting. As the day progresses, investors will likely monitor price movements closely to make informed decisions.</p>

Crypto Market Sees $80B in 24-Hour Trading Amid $77M Liquidations as Bitcoin Holds $61K

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